NEW DELHI: Spring House, a shared space provider has tied up with BLIP Initiatives LLP to open a 5,000 sq ft of co-working space in Janakpuri, Delhi.

The co-working space will have 80 seats with price range varying from Rs 7,500-9,000 per seat per month.

Mukul Pasricha, founder & CEO, Spring House said, “Through this facility, we are aiming to provide corporate shared services to all the resident start-ups in the health, wellness and beauty sector and give a firm ground to the growth of many more start-ups.”

Pasricha however adds that while they prefer healthcare start-ups, the shared space will be open to all.

BLIP Initiatives LLP is a health, wellness and beauty tech accelerator co-founded by SC Sehgal, promoter of Ozone Ayurvedics and Nitin Gupta, a former investment banker.

“This partnership will greatly help us in identifying the best talent in the health, wellness, and beauty sector and giving them the required time, money, and infrastructure, so that they prosper and don’t encounter the problems that we faced initially,” said Gupta.

Spring House recently leased a 3,000 sq ft of space in Lucknow, which it plans to open in March.